BRGS (Barrister Global Services Network) Days Payable: 21.67 (As of Jun. 2003)

What is Barrister Global Services Network Days Payable?

Barrister Global Services Network BRGS Days Payable is 21.67 as of Jun. 2003.

Barrister Global Services Network's average Accounts Payable for the three months ended in Jun. 2003 was $0.53 Mil. Barrister Global Services Network's Cost of Goods Sold for the three months ended in Jun. 2003 was $2.23 Mil. Hence, Barrister Global Services Network's Days Payable for the three months ended in Jun. 2003 was 21.67.

The historical rank and industry rank for Barrister Global Services Network's Days Payable or its related term are showing as below:

BRGS's Days Payable is not ranked ^*
in the Software industry.
Industry Median: 53.955
* Ranked among companies with meaningful Days Payable only.

Barrister Global Services Network's Days Payable declined from Jun. 2002 (25.11) to Jun. 2003 (21.67). It may suggest that Barrister Global Services Network accelerated paying its suppliers.

Barrister Global Services Network Days Payable Related Terms

Barrister Global Services Network Days Payable Historical Data

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The historical data trend for Barrister Global Services Network's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Barrister Global Services Network Days Payable Chart

Barrister Global Services Network Annual Data

Trend

Mar93

Mar94

Mar95

Mar97

Mar98

Mar99

Mar00

Mar01

Mar02

Mar03

Days Payable

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62.99

56.65

36.45

24.74

23.48

Barrister Global Services Network Quarterly Data
	Sep98	Dec98	Mar99	Jun99	Sep99	Dec99	Mar00	Jun00	Sep00	Dec00	Mar01	Jun01	Sep01	Dec01	Mar02	Jun02	Sep02	Dec02	Mar03	Jun03
Days Payable	Get a 7-Day Free Trial															25.11	19.43	22.11	18.18	21.67

BRGS vs FCCN, IMCI, AKRFF: Days Payable Comparison

For the Information Technology Services subindustry, Barrister Global Services Network's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Barrister Global Services Network Days Payable vs Software Industry

For the Software industry and Technology sector, Barrister Global Services Network's Days Payable distribution charts can be found below:

* The bar in red indicates where Barrister Global Services Network's Days Payable falls into.

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Barrister Global Services Network Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Barrister Global Services Network's Days Payable for the fiscal year that ended in Mar. 2003 is calculated as

	Days Payable (A: Mar. 2003 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2002 )	+	Accounts Payable (A: Mar. 2003 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2003 )	*	Days in Period
=	( (0.761	+	0.551)	/	2 )	/	10.196	*	365
=	0.656					/	10.196	*	365
=	23.48

Barrister Global Services Network's Days Payable for the quarter that ended in Jun. 2003 is calculated as:

	Days Payable (Q: Jun. 2003 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2003 )	+	Accounts Payable (Q: Jun. 2003 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2003 )	*	Days in Period
=	( (0.551	+	0.506)	/	2 )	/	2.225	*	365 / 4
=	0.5285					/	2.225	*	365 / 4
=	21.67

Frequently Asked Questions Learn more about Days Payable →

What does a Days Payable of 21.67 mean?

Barrister Global Services Network (BRGS) has a Days Payable of 21.67 as of Jun. 2003. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Barrister Global Services Network and its competitors.

Is Barrister Global Services Network's Days Payable too high?

Barrister Global Services Network's current Days Payable is 21.67. The Software industry median Days Payable is 53.96. Barrister Global Services Network's value of 21.67 is 59.8% below this industry median.

How does Barrister Global Services Network's Days Payable compare to FCCN and IMCI?

Barrister Global Services Network's Days Payable of 21.67 can be compared against companies in the Software industry. The industry median Days Payable is 53.96. Barrister Global Services Network's value of 21.67 is 59.8% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Days Payable for a Software company?

The median Days Payable among Software companies is 53.96, based on 2,604 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Barrister Global Services Network's current Days Payable of 21.67 is 59.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Days Payable mean?

A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Barrister Global Services Network and its competitors. For the Software industry, the median Days Payable is 53.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Barrister Global Services Network's current Days Payable is 21.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Barrister Global Services Network stock overvalued right now?

Barrister Global Services Network (BRGS) has a current Days Payable of 21.67. The current Days Payable is 21.67 and 59.8% below the Software industry median of 53.96. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Days Payable calculated?

Days Payable is calculated from a company's financial statements. For Barrister Global Services Network (BRGS), the current Days Payable is 21.67 as of Jun. 2003. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Barrister Global Services Network Business Description

Industry Technology Software

Comparable Companies FCCN IMCI AKRFF QFOR CPWR YDRMF SGLB HMNY ICLD DKGH DTST JCDAF CXDO PKKFF CTPNF TWOH CNIT ISDR WYY CSPI

Address 186 Exchange Street, Buffalo, NY, USA, 14204

Website http://www.barrister.com

Barrister Global Services Network Inc provides multi-vendor IT services to resolve client/server hardware issues. It has customers in commercial and consumer markets through direct and indirect channels. The company provides IT life-cycle services, Helpdesk support services, Enterprise mobility, Staff augmentation, Cloud solutions, Back office processing, and software development.